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Contact details

ManagerGroupLogo
50 Bothwell Street, Glasgow, G2 6HR
0141 222 8300 (Fax Number)
0800 317 749 (Main Number)

helpdesk@ignisasset.com

Fund managers

* Adam Walker01-Jan-2006 to Present
 
view    
Chris Bowie»19-Dec-2009 to 11-Aug-2014
Joe McKenna»16-Dec-2003 to 31-Dec-2008
Life Association of Scotland»09-Jul-1990 to 31-Dec-2004
Steve Jones»01-Jan-2001 to 05-Nov-2002


Investment objectives

To produce income and capital growth by investing mainly in UK fixed interest securities (which include corporate bonds) and gilts. The fund can invest up to 15% of the portfolio in fixed interest securities outside the UK.

Key Information

Fund vs sector

  1y 3y
Position 48 / 96 14 / 84
Quartile 2 1

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 4 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 3.67 5.12
Alpha -0.16 0.39
Beta 1.08 1.10
Sharpe 1.38 1.13
Info Ratio 0.69 1.53
R2 0.98 0.99
Quartiles:   1  2  3  4   help with ratios
vs. IMA Sterling Corporate Bond»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
INC +8.9+31.2+45.5+3.7+16.2+5.0+5.7
  IMA STERLING CORPORATE BOND   +8.6+24.9+38.0+2.0+12.8+4.6+5.6
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf IGNIS CORPORATE BOND I ACC ACC 130.63 (p) 19-Dec-2014 n/a 0.54% 04RF B4R3MH0
pdf IGNIS CORPORATE BOND I INC INC 114.02 (p) 19-Dec-2014 n/a 0.53% 04RG B4LFXM4
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf IGNIS CORPORATE BOND A ACC ACC 304.97 (p) 19-Dec-2014 3.70 1.22% B505 0130026
pdf IGNIS CORPORATE BOND A INC INC 103.94 (p) 19-Dec-2014 3.48 1.18% LS17 0499578

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£225.3m / $351.9m (19-Dec-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch09-Jul-1990
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 500
Minimum additional£ 250
Initial charge4.25%
Annual management charge1.10%
Note to chargesn/a
Trustee / DepositaryCitibank International plc
RegistrarIgnis Fund Managers Ltd
Multi-Managern/a
Indexn/a
Dividend policyFeb 16, May 16, Aug 16 (Final), Nov 16
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Fixed Interest Mixed IMA Sterling Corporate Bond
Largest holdings, 28-Nov-2014
Holding (%) Rank Fund factsheet Equity factsheet
CO-OPERATIVE GROUP HLDGS 2011 LTD 6.25% NTS 08/07/26 GBP100000 1.90 1 - -
YORKSHIRE WATER SERVICES BRADFD FIN 6.375% GTD BDS 19/08/39 GBP50000 1.80 2 - -
TESCO PROPERTY FINANCE 3 PLC 5.744% BDS 13/04/40 GBP1000 1.80 3 - -
ROYAL BANK OF SCOTLAND PLC 6.625% NTS 17/09/18 GBP50000 1.80 4 - -
YORKSHIRE POWER FINANCE 7.25% GTD BDS 4/8/28 GBP1000 1.80 5 - -
LONGSTONE 4.896% 2031 1.80 6 - -
CONNECT M77/GSO 5.404% GTD SNR SEC BDS 31/3/34 GBP(VAR) 1.80 7 - -
KELDA FINANCE 3 PLC 5.75% NTS 17/02/20 GBP100000 1.60 8 - -
AA BOND CO 4.72% 2018 1.60 9 - -
TESCO 6.125% NTS 24/02/22 GBP50000 1.50 10 - -
Total17.40 
Regional weightings, 28-Nov-2014
Region(%)Rank 
UK101.301 101.30% UK
Cash-1.302 -1.30% Cash
Total100.00 
Sector weightings, 28-Nov-2014
Sector(%)Rank 
Non-financials57.901 57.90% Non-financials
Financials23.302 23.30% Financials
ABS18.903 18.90% ABS
UK Gilts1.204 1.20% UK Gilts
Cash-1.305 -1.30% Cash
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
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life See Ignis Corporate Bond fund as a life fund
pension See Ignis Corporate Bond fund as a pension fund

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Asset allocation

UK Fixed Interest, 101.30%
101.3000% ofUK Fixed Interest
Cash, -1.30%
-1.3000% ofCash

FE Adviser Fund Index

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